Business news - 01 February 2016

EnerMech Australia has signed a distribution agreement with Parker Hannifin, the world’s largest motion and control technologies company.

Phillips 66 generated US$1.5 billion in cash from operations in 4Q15, with the Refining segment achieving 94% utilisation.

Columbia Pipeline Group announces quarterly distribution payment increase and growth.

Midcoast Energy Partners, L.P. declares distribution for 4Q15.

World Steel Association (worldsteel) announced today the Regional Champions for the 10th steelChallenge.

ABB has announced it will provide the technology that will help three vessels safely carry out construction and maintenance tasks up to 5 km under water.

GE makes an announcement of more than US$700 million in innovative customer agreements.